NASDAQ$BELFB
Bel Fuse Inc · Q1 2026 earnings
Q1 2026 earnings · · After market close · Investor relations
Briefing
Bel Fuse reported Q1 2026 net sales of $178.5M and net earnings attributable to Bel Fuse shareholders of $11.4M, with Class A diluted EPS of $0.86.
Net sales increased 17% to $178.5 million on higher defense, aerospace, and data-solutions volumes. Income from operations was $23.7 million; net earnings attributable to Bel Fuse shareholders were $11.4 million versus $17.9 million as noncontrolling interest and redemption-value adjustments weighed on results. Class A diluted EPS was $0.86 ($1.36 prior year).
- Net sales $178.5M (+17% YoY); gross profit $69.6M.
- Net earnings to Bel Fuse $11.4M; Class A EPS $0.86.
- Defense sales +18.7%; data solutions +30.4%.
- Income from operations $23.7M.
Headline financials
Revenue & EPS history
Bel Fuse · Revenue · Quarterly
$178M
Revenue by segment
Bel Fuse · $103M total across 2 segments · Q2 2023
- Power Solutions and Protection$87.1M—84.6%
- Connectivity Solutions$15.9M—15.4%
Forward guidance
MD&A discusses end-market demand across defense, aerospace, and industrial; no numeric EPS guidance in the 10-Q.
Tailwinds
- Broad-based volume growth across segments.
- Gross margin held despite mix shifts.
- Defense and aerospace demand remain firm.
Headwinds
- EPS down YoY on NCI and redemption adjustments.
- Higher SG&A and other expense.
- Transportation applications declined 33%.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2026
+0.7%
Avg return
Earnings day
+3.7%
Avg return
5 days after
+6.3%
Avg return
30 days after
48%
31 / 65 earnings
Positive
+19.5%
Q4 2021
Best reaction
-29.0%
Q2 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.0% | +15.1% | +6.2% | |
| Q4 2025 | -6.6% | -1.5% | -13.3% | |
| Q3 2025 | -1.3% | +1.2% | +1.0% | |
| Q2 2025 | +16.2% | +22.3% | +28.8% | |
| Q1 2025 | +0.3% | -6.3% | +3.3% | |
| Q4 2024 | -2.1% | +3.1% | -10.4% | |
| Q3 2024 | -0.3% | -5.2% | -2.2% | |
| Q2 2024 | +4.1% | +7.1% | -4.6% | |
| Q1 2024 | -2.9% | -3.3% | +13.2% | |
| Q4 2023 | -20.3% | -25.2% | -17.1% | |
| Q3 2023 | +18.8% | +32.9% | +38.3% | |
| Q2 2023 | -7.1% | -9.5% | -16.1% | |
| Q1 2023 | +12.7% | +35.9% | +57.7% | |
| Q4 2022 | -12.0% | -10.5% | -12.5% | |
| Q3 2022 | -3.8% | +5.9% | +23.4% | |
| Q2 2022 | +15.0% | +31.3% | +43.2% | |
| Q1 2022 | +5.2% | +6.7% | +4.4% | |
| Q4 2021 | +19.5% | +34.2% | +67.0% | |
| Q3 2021 | +14.7% | +23.0% | +4.4% | |
| Q2 2021 | +13.8% | +11.2% | +18.5% | |
| Q1 2021 | -7.7% | -12.4% | -24.3% | |
| Q4 2020 | -4.6% | +7.2% | +24.2% | |
| Q3 2020 | +16.5% | +18.9% | +45.5% | |
| Q2 2020 | +5.2% | +6.3% | -3.6% | |
| Q1 2020 | +9.0% | +14.6% | +25.6% | |
| Q4 2019 | -21.7% | -31.3% | -53.8% | |
| Q3 2019 | -4.0% | -0.4% | +10.5% | |
| Q2 2019 | -29.0% | -31.9% | -33.3% | |
| Q1 2019 | -3.6% | -5.8% | -26.6% | |
| Q4 2018 | +11.6% | -4.8% | +3.8% | |
| Q3 2018 | +12.5% | +14.1% | +2.3% | |
| Q2 2018 | +9.0% | +12.5% | +32.9% | |
| Q1 2018 | -2.6% | -3.9% | -5.1% | |
| Q4 2017 | -1.5% | -5.3% | +0.8% | |
| Q3 2017 | -14.5% | -18.9% | -12.3% | |
| Q2 2017 | +7.5% | +10.1% | +0.2% | |
| Q1 2017 | +0.0% | -0.4% | +9.2% | |
| Q4 2016 | +0.0% | -10.9% | -20.5% | |
| Q3 2016 | +4.6% | +14.3% | +21.8% | |
| Q2 2016 | +2.6% | +9.0% | +20.4% | |
| Q1 2016 | +0.3% | — | — | |
| Q4 2015 | -3.7% | — | — | |
| Q3 2015 | -3.8% | — | — | |
| Q2 2015 | -1.1% | — | — | |
| Q1 2015 | +1.0% | — | — | |
| Q4 2014 | -0.2% | — | — | |
| Q3 2014 | +0.3% | — | — | |
| Q2 2014 | +0.0% | — | — | |
| Q1 2014 | +2.3% | — | — | |
| Q4 2013 | -1.4% | — | — | |
| Q3 2013 | -1.0% | — | — | |
| Q2 2013 | +1.5% | — | — | |
| Q1 2013 | +0.0% | — | — | |
| Q4 2012 | -5.5% | — | — | |
| Q3 2012 | +0.1% | — | — | |
| Q2 2012 | -1.7% | — | — | |
| Q1 2012 | -1.5% | — | — | |
| Q4 2011 | +0.6% | — | — | |
| Q3 2011 | -0.6% | — | — | |
| Q2 2011 | -4.1% | — | — | |
| Q1 2011 | +2.3% | — | — | |
| Q4 2010 | -1.0% | — | — | |
| Q3 2010 | +6.5% | — | — | |
| Q2 2010 | +1.1% | — | — | |
| Q1 2010 | -2.4% | — | — |
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